IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters

Thursday, March 10, 2011 - 03:00
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.

Latin America and the Caribbean see slower growth in next four years

Thursday, March 19, 2009 - 03:00
Latin American and Caribbean leaders expect per capita income to fall or grow moderately in the 2009–2012  period and governments to rely more on financing from international institutions, according to a survey by the Inter-American Development Bank (IDB). The expectations contrast sharply with the recent economic performance in the region, where product per capita grew 4.1 percent annually in the past five years.

The IDB, a partner of Colombia in development

Tuesday, March 17, 2009 - 03:00
Since the mid-1990s the Inter-American Development Bank (IDB) has been the leading source of multilateral financing for Colombia. Over the last 50 years, the IDB has approved more than US$14.8 billion in loans and non-refundable technical cooperation projects for Colombia. Throughout its history, the IDB has supported the Colombian government and private sector in key development areas such as infrastructure, state modernization and reform, small and medium enterprise, agriculture, energy, climate change and environmental protection.

Latinos from the Far East

Wednesday, March 1, 2006 - 03:00
By Charo QuesadaWhen Mexicans or Panamanians say they are “going to the Chino for groceries” they are not talking about some Chinese individual that happened to open a business around the corner from where they live. In their countries, the Chinese store has become an institution with a long tradition, providing a large and convenient selection of basic products, at low cost and with convenient business hours.

More growth or less inequality?

Tuesday, September 20, 2005 - 03:00
Increased investment, low inflation, an improved fiscal situation, decreased unemployment. Latin America and the Caribbean have been hearing plenty of good news the past 18 months. A group of renowned economists analyzed the situation at a seminar hosted by the IDB Research Department to honor IDB President Enrique V. Iglesias, who will retire on September 30. Iglesias himself opened the seminar, which was chaired by IDB Chief Economist Guillermo Calvo, with the participation of Ricardo Hausmann, Michael Mussa, José Antonio Ocampo and John Williamson.

Technology Helped Reducing Inequality Gap

Thursday, April 21, 2005 - 03:00
A study realized by scholars at the universities of Chicago, Maryland and the Hoover Institution demonstrated that technology is helping reduce inequality in the world. Bary S. Bercker, Tomas J. Philopson, and Rodrigo R. Soares compared “the welfare value of gains in life expectancy with gains in income” to get the “effect of life expectancy on the evolution of world inequality.”

A New Government for the XXI Century

Thursday, March 10, 2005 - 03:00
These past ten years have seen many changes in the national and international level, a great improvement in women health, education, professional and intellectual development, citizen rights, and even women have won more positions in the government, allowing women such as Epsy Campbell to serve directly and with more influence to her fellow Costa Ricans. However, she recognizes that for her, as well as for many other women, enjoying those rights was not easy because in the personal level many times these changes can not be seen.

Don’t turn your back on Mother Nature

Friday, March 4, 2005 - 03:00
Between 1981 and 2000, Central and South America were the areas in the world  with the highest number of fatalities caused by natural disasters. The region accounted for over 100,000 deaths, more than 90 percent of the total recorded fatalities worldwide. Damage was estimated at a cost of around $24.2 billion, according to  the Landslide Observatory in the Joint Center for Earth Systems Technology at the University of Maryland and the International Landslide Centre at the University of Durham in the United Kingdom.

Increasing tax collection

Monday, January 10, 2005 - 03:00
If Central America wants to improve social equity and achieve fast and continuous economic growth, its countries need to increase tax collection and modernize their tax systems, according to a recent study by IDB economists Manuel R. Agosin and Roberto Machado entitled Tax Reform and Human Development in Central America. Regional tax reform is necessary because “Central American states are too small and vulnerable to provide essential public goods for the economic growth and the people’s well being.”

Mainstreaming technical training for low-income women

Tuesday, December 21, 2004 - 03:00
Many poor women in Latin America have trouble entering the labor market. A pilot program to increase women's employability in the region has strengthened training for women in technical schools and improved the quality, opportunities and gender equity in technical training and in the labor market.